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Arada acquires majority stake in London developer
The transaction will see Regal rebranded as Arada London
UAE, Hong Kong agree mutual recognition of licensed fund, investment managers
Plus: ADCB’s fintech arm invests in Australia’s Indebted
Arada wraps up USD 450 mn sukuk issuance
The issuance was 4x oversubscribed
Edge to launch JV with Turkey’s Pavo Group
Plus: Dana Gas estimates some 9 bn cubic feet of natural reserves from appraisal well in Egypt
THIS MORNING: xAI in talks with G42 to lease data centers? + Nividia chip access stalled further…
Plus: Arada set to tap Islamic debt markets next week
Arabian Construction Company taps HSBC, FAB for its upcoming IPO
The listing could happen as soon as 2H 2025
Earnings season continues
Talabat saw a 24% uptick in its bottom line whilst Adnoc L&S’s sunk by 5%
Arada acquires a unit of Australian boutique construction player Roberts Co
Arada expects to kick off sales on its first Australian projects before year-end
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